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Japan Stocks at two-decade top after Abe win

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Capital Market
The Japan share market finished session higher for the 15th straight session on Monday, 23 October 2017, as investors cheered the weekend election victory of Japan's pro-business Prime Minister Shinzo Abe. Sentiment was also lifted by a rise in U.S. equities Friday, which came after the Senate passed a budget resolution in a key step toward tax reform. The 225-issue Nikkei Stock Average gained 239.01 points, or 1.11%, to end at 21,696.65, registering 15th straight session gain and best finish since July 15, 1996. The TOPIX index of all First Section issues extended its winning streak to an 11th session, closing up 14.61 points, or 0.84%, at 1,745.25.

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First Published: Oct 23 2017 | 5:03 PM IST

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